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tata metaliks ltd (TML) Details

Tata Metaliks Limited manufactures and sells foundry grade pig iron in India and internationally. It provides low sulphur and phosphorus grades for the manufacture of ductile grades of castings. The company’s pig iron is used for various specialized applications, such as pressure tight precision castings, automobile engine blocks, crankshafts, gears, rolling mill rolls, motor and generator housings, and railway and machine tools. It also offers granulated blast furnace slag for cement plants; potted pig iron for foundries; pig iron scrap; and iron sweepings. The company was founded in 1990 and is headquartered in Kolkata, India. Tata Metaliks Limited is a subsidiary of Tata Steel Limited.

tata metaliks ltd (TML) Top Compensated Officers

tata metaliks ltd (TML) Key Developments

Tata Metaliks Limited Announces Change in Directorate

Mar 25 15

Tata Metaliks Limited announced that Ms. Samita Jigar Shah has been appointed as an Additional Director in the Board with effect from March 24, 2015 and Mr. V.S.N. Murty, Director has resigned from the Board with effect from March 24, 2015.

Tata Metaliks Limited announced audited standalone and unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 25,475.6 million compared to INR 2,947.3 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 290.0 million compared to INR 283.9 million for the same period a year ago. Profit from ordinary activities before tax was INR 207.1 million compared to INR 29.5 million for the same period a year ago. Net profit was INR 164.1 million or INR 6.49 per basic and diluted share before and after extraordinary items compared to INR 29.5 million or INR 1.17 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the nine months, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 8,103.3 million compared to INR 8,303.3 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,169.5 million compared to INR 459.0 million for the same period a year ago. Profit from ordinary activities before tax was INR 915.8 million compared to INR 95.0 million for the same period a year ago. Net profit was INR 731.5 million or INR 28.93 per basic and diluted share before and after extraordinary items compared to INR 95.0 million or INR 3.76 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the quarter, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 3,196.6 million compared to INR 3,673.8 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 311.6 million compared to INR 283.9 million for the same period a year ago. Profit from ordinary activities before tax was INR 236.4 million compared to loss from ordinary activities before tax of INR 12.7 million for the same period a year ago. Net profit after tax and minority interest was INR 193.4 million or INR 7.65 per basic and diluted share before and after extraordinary items compared to net loss after tax and minority interest of INR 12.7 million or INR 0.50 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the nine months, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 10,249.7 million compared to INR 10,252.6 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,287.5 million compared to INR 290.7 million for the same period a year ago. Profit from ordinary activities before tax was INR 991.3 million compared to loss from ordinary activities before tax of INR 212.8 million for the same period a year ago. Net profit after tax and minority interest was INR 807.0 million or INR 31.91 per basic and diluted share before and after extraordinary items compared to net loss after tax and minority interest of INR 212.8 million or INR 8.42 per basic and diluted share before and after extraordinary items for the same period a year ago.

Tata Metaliks Limited to Report Q3, 2015 Results on Jan 22, 2015

Jan 9 15

Tata Metaliks Limited announced that they will report Q3, 2015 results on Jan 22, 2015

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